Prospects still slim for major global economic pickupThe world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low. The US Federal Reserv More… |
Dubai stocks up 3pc; Gulf starts 2014 stronglyDubai's main stock index jumped 3 percent on Thursday to its highest close since October 2008 as major Middle Eastern bourses started 2014 on a strong note, buoyed by expectations for solid economic growth this year. Flagship More… |
Qatar stock index hits 21-week highQatar's stock index hit a new 21-week peak as buyers bet on the country's bullish macroeconomic outlook. Industries Qatar climbed 0.4 percent and Commercial Bank of Qatar rose 1.6 percent. The index More… |
FTSE mulls Gulf stock indexIndex compiler FTSE expects to create a regional index for the Gulf by the end of the year, helping broad international investment in the region's stock markets, a senior manager said. FTSE Group's managing director for Europe, the Middle More… |
S&P launches new stock indexGlobal index provider Standard & Poor's has launched a new index for some of the biggest-name stocks in developing equity markets. The London-based firm described the newly launched S&P/IFCG Extended Frontier 150 Index as "the firs More… |